Waltee

Your right about VMining no longer being profitable. You get 30 days when you buy Yo Power for your mining plans but at current prices it takes 33 - 34 days to get enough Minex tokens to buy the Yo Tokens required to Power the plans. Yo Power costs more than it now returns so it looks like VMining is dead. RIP VMining... it was fun while it lasted.

I think its quite clear that the powers that be don't like the trafficking of money. We are constantly seeing police seizures of money on the news. Almost every day its "today Police discovered a truck carrying more than $5 million in cash at a roadside check" or something similar to that. So what?,,, big F*&^ing deal, somebody had some money and wanted it to be somewhere else but this goes against the nature of modern society for some reason and is not allowed which is why crypto has a bad name because we don't need a F*&^ing truck, we just press a button. Legit or criminal, it doesn't really matter, its our money and we'll do what the F*&^ we want with it.

If you believe the doomsayers and cryptomaniacs, the possible impending weakening of the dollar is going to make it hard to tell what is rising in real value and what is dropping, as everything should rise. People providing advice in the crypto world will take advantage of this (if it happens) to provide accurate advice or their own version of "Fake News". Its not hard to provide sound crypto advice when the vast majority of currencies will strengthen against the dollar. The only true indicator of a currencies strength will be how it behaves against the big daddy, Bitcoin. If the dollar really does weaken due to hyperinflation then crypto will indeed be the big winner but this will also be a golden age for scammers and people providing dodgy advice at a price. It remains to be seen though.

My first experience of Yobit was excellent. I have been using it for about a year and everyday for the last 6 or 7 months. I think I'm starting to outgrow the exchange though, its really not good for large investments. The order books just aren't large enough. I'll keep playing around on there because its easy to make good money with smaller amounts but I would love it if the exchange was larger and I could make large investments.

I would like to know of any other exchanges that might offer investment opportunities similar to the Yobit exchange. I have enjoyed using Investbox and Vmining, and up until recently they had been quite profitable but lately I have found it harder to make money on the exchange. I think this is due to me trying to step up my staking, it seems the order books on Yobit just aren't big enough for large investments.

I love Yobit but for me when I'm certain that currency is about to do well then Binance is the place to cash in. If your willing to risk margin calls and are certain a currencies price will rise then you can get up to 125X Leverage on your position. This can be extremely profitable if your right but get it wrong and the house takes everything.

At the moment they don't offer too much in the way of profits although i am a big fan of the Pi Network, I think this could be a really good project. When the token becomes tradable at phase 3 of the project, who knows what it could be worth or even in 5 years from now. Given that it costs nothing to find out, the app is free and doesn't drain your phones battery, what have you got to lose. I plan to have as many Pi tokens as possible before the token is tradable. If you want to check it out feel free to use my invitation code- Waltee.

VMining on Yobit has been extremely profitable for me personally although it is becoming less and less profitable by the day but it is no scam and there are still profits to be made. There are also some interesting mining bots on Telegram, I have only recently started using them and they do appear to be working and legit. I can't confirm that they actually pay out though, as i mentioned, I've only recently started using them but they are easy to use and even fun. They are called "MG farm mining", there is one for Ltc, Eth & Btc. There is also a mining farm called "Robot Automatic".

This is an interesting point. I believe that the fundamentals of trading are apparent to every person (buy low and sell high), not much to it. The part that isn't apparent straight away is how the market behaves and responds to stimulation both positively and negatively. Yobit is a really good place to learn these skills. After a while, you can easily get a feel for what is hot and on the rise as people buy up to cash in and also when the bubble is about to burst as people liquidate their positions. Its a cycle that happens again and again and once your able to see it coming, you can make quite a lot of money. It has to be learned though.

For me the two best cryptos for holding are still Btc and also Ltc. Ltc could make huge strides in the next few years and bitcoin isn't going anywhere for a long time and is universally accepted. I do all my trading based around returning the profits back into Btc. I've also started hording Ltc in the hopes that it can become the next Btc.

At the moment you need 10,000 DLRS tokens to invest in IB. I bought about 200K last week, put them in IB, sold half of them yesterday and made a very nice profit. I'm gonna keep the other 100K in IB and see how things pan out, the price seems to be steadily rising. It took a bit of dip after I dumped the 100K tokens but it seems to have bounced back. Could be a good little money spinner for a while.

I don't believe for a second there is any actual mining going on here. It looks to me like Yobit is just releasing tokens from a reserve as they are purchased. As for your question about it being a good idea, the math's doesn't lie, its still profitable at the moment, even with the new YoPower maintenance costs. I've made quite a lot of money with it and will continue to use it until the math's tells me its no longer profitable. I'm not sure if i would want to buy in at the moment though, my advice would be to start off with a micro miner until you see what your getting yourself in for.

I would really like to know where you got the total supply figure of 88,000,000,000. You have stated that this is the total supply and that the total supply is divided between the Yobit users and Yobit itself although there is many many times this amount still available for payouts in the 10% Invest Box plan. You need to add another three zero's to that figure before you will get this msg "It is impossible to create an investment because there is not enough reserve funds for the first payment".

Doge could never overtake Btc. Not only would its unlimited supply never allow this to happen but a huge amount of Doge already held would get dumped long before the price could ever really start to rise which would send the price plummeting down again. It serves a purpose though and this is to trade in crap coins, it seems to be the preferred coin for most traders, at least on Yobit where i do most of my trading. If the price ever got anywhere near even $1, it would have no purpose anymore.

The Pi Network is a brilliant project, you can mine Pi tokens from your phone, very easily and it doesn't drain your battery. When the Pi community is large enough the project will go into Phase 3 and the currency will be tradable. I think the project will be a great success, the aim is to become the worlds most traded cryptocurrency, the best thing about the project for me is that it costs nothing to find out so if it doesn't reach its goals, easy come easy go. Pi is a new digital currency developed by Stanford PhDs, with over 8 million members worldwide. To claim your Pi, follow this link https://minepi.com/Waltee and use my username (Waltee) as your invitation code.

Its chart doesn't inspire much confidence does it?

I'm not sure why it would be necessary for it to be local and I think that any orderbook for such trading would be extremely limited. I do however think it would be a good idea to be able to trade directly with other users at a price agreed prior to the the transaction taking place. I have been on the chat forum many times where i could've traded crypto's directly with other users unfortunately this requires private messages and sending wallet addresses. Being able to trade say QQQ for Mask for example directly with other users may be worthwhile and might allow people to rid themselves of crappy currencies that they dont want anymore that others may have a use for.

There is no "best" trading pair. The best trading pair is the one where the biggest profit can be made. If you can identify Bear & Bull markets then you've already won the battle. You can cash in almost every day, buy the bull currency with the bear currency and watch the profits roll in. Example, you have $100 and buy 200 potatoes, value of potatoes goes up 50% and value of dollar comes down 50%. Your 200 potatoes are now worth $600.

I've made quite a bit of money from VET, XRP & BTC this year. I have also made quite a lot of money from the myriad of really Crappy currencies on Yobit this year such as Mask, Scam, QQQ, Yotra, Water & most recently Minex & DLRS. I've been burned a few times though, GER and CRY spring to mind so you need to be careful.

In my opinion the reason Doge is stuck is because it serves a purpose at this price. Its very purpose seems to be to reach all the hard to reach places that Btc cant get too. It is most commonly traded by real traders for trading in really crappy coins, at least that's what I use it for, anything worth less than 0.00000001 Btc. If its price goes up it loses its whole reason for existing. It's true that its one of the most famous coins but only amongst people who know crypto, as far as market cap goes it's 50th down the list.